About Belo Horizonte, MG:
Belo Horizonte is the capital and largest city in the state of Minas Gerais, and the third-largest metropolitan area in the country with a population of over 2.4 million in the capital and almost 5.4 million in the metropolitan area. Minas Gerais is the second most populous state in Brazil (20 million inhabitants), the third richest, and the fourth largest in area.

Belo Horizonte is a strategic leader in the Brazilian economy. For a long time, Belo Horizonte’s economy was marked by the predominance of its mining and industrial sector, but because of both governmental and private funding designed to diversify the city’s economy since the 1990s, there has been a constant expansion of the service sector economy, particularly in agribusiness, computer science, biotechnology, and business tourism. Both city and state are widely regarded as Brazil’s third most important in economic and business terms. Politically speaking the mineiros, as the locals are called, have always been a force to be reckoned with, often providing presidents of the republic or acting as political powerbrokers. Belo Horizonte should be the distribution and processing center of a rich agricultural and mining state, with a burgeoning industrial complex. The Minas State government is well organized and is geared to receiving foreign investors. As one of the few states in Brazil Minas has its own investment bank, the BDMG, providing incentives to new investors, both foreign and local.